Albertsons (ACI) Tops Q3 EPS by 24c

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Albertsons Companies, Inc. Reports Third Quarter Fiscal 2020 Results

January 12, 2021 7:30 AM EST

Raises Fiscal 2020 Outlook

BOISE, Idaho--(BUSINESS WIRE)-- Albertsons Companies, Inc. (NYSE: ACI) (the "Company") today reported results for the third quarter of fiscal 2020, which ended December 5, 2020.

Third Quarter of Fiscal 2020 Highlights

Identical sales growth of 12.3% Digital sales growth of 225% Net income per share of $0.20; Adjusted net income per share of $0.66 Net income of $124 million; Adjusted net income of $387 million Adjusted EBITDA of $968 million, an increase of 53% compared to the third quarter last... More